Posted to News on 4th Feb 2022, 08:57
A step in the right environmental direction
Schaeffler aims to be carbon neutral across all production sites by 2030
With growing awareness of the need to protect the world from catastrophic climate change, manufacturers are coming under pressure to operate in a more environmentally conscious way. Schaeffler is leading the charge by implementing sustainability-based initiatives across its operation.
There is increasing pressure within the manufacturing sector to tackle the climate crisis and recognise how sustainable manufacturing is integral to its success and brand reputation.
Schaeffler's processes emphasise energy efficiency, environmental compatibility and the conservation of resources - with the aim of becoming carbon neutral across all production sites worldwide by 2030. "Improvements in sustainability should take a multi-faceted approach," states the company. "Combining economic success with responsible activity through significant innovation, agility and efficiency ensures better processes, occupational safety and a sustainable supply chain."
Sustainable procurement
Sustainable procurement should involve a circular economy and conducting life cycle assessments (LCA's) to help develop improvement measures. Schaeffler aims to go beyond just following national laws and internationally recognised standards, by "working with certified suppliers, setting up industry initiatives and creating industry dialogues with its business partners to incorporate expertise while actively shaping development in sustainable procurement".
Power to the people
It's not only production materials that should be sustainable, but also practices. Respect for human rights is an indispensable part of corporate responsibility and labour laws prevent violations. Employee health and well-being should form part of the sustainability strategy.
"Schaeffler works with groups and industry initiatives to actively help shape development in this area and recognise its employees' expertise, skills, and dedication to ensure the continuous development of its sustainability-based agenda."
Action plan
While government-led strategies and targets are essential, organisations have to play a role in tackling the climate crisis for this to become a reality. "The opportunity to mitigate the effect of our action on the planet is there," adds Schaeffler, "and the question is: will they take it?"
